Dominica Economic Statistics and Indicators

11, May 2021, EDT. Welcome to the Dominica economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Dominica › Change country
National or Regional Currency: East Caribbean Dollar, CXD
Year of data: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 73,449 (July 2014 est.)
Area: total: 751 sq km ; land: 751 sq km ; water: 0 sq km
Natural Resources: timber, hydropower, arable land
Capital: name: Roseau ; geographic coordinates: 15 18 N, 61 24 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)

The Dominican economy has been dependent on agriculture - primarily bananas - in years past, but increasingly has been driven by tourism as the government seeks to promote Dominica as an "ecotourism" destination. Moreover, Dominica has successfully developed an offshore medical education sector. In order to diversify the island's economy, the government is also attempting to develop an offshore financial industry and plans to sign agreements with the private sector to develop geothermal energy resources. In 2003, the government began a comprehensive restructuring of the economy - including elimination of price controls, privatization of the state banana company, and tax increases - to address an economic and financial crisis and to meet IMF requirements. In 2009, the economy contracted as a result of the global recession; growth remains anemic. Although public debt levels continue to exceed pre-recession levels, the debt burden declined from 78% of GDP in 2011 to approximately 70% in 2012, one of the lowest levels in the Eastern Caribbean.

GDP (Constant Prices, National Currency) for Dominica in year 2015 is CXD 1.178 Billion.

GDP Growth (Constant Prices, National Currency) for Dominica in year 2015 is -4.316 %.

GDP (Current Prices, National Currency) for Dominica in year 2015 is CXD 1.343 Billion.

GDP (Current Prices, US Dollars) for Dominica in year 2015 is US$ 0.497 Billion.

GDP Deflator for Dominica in year 2015 is 113.937 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Dominica in year 2015 is CXD 16,659.60 .

GDP Per Capita (Current Prices, National Currency) for Dominica in year 2015 is CXD 18,981.39 .

GDP Per Capita (Current Prices, US Dollars) for Dominica in year 2015 is US$ 7,030.15 .

GDP (PPP), US Dollars for Dominica in year 2015 is US$ 0.763 Billion.

GDP Per Capita (PPP), US Dollars for Dominica in year 2015 is US$ 10,788.14 .

GDP Share of World Total (PPP) for Dominica in year 2015 is 0.001 %.

Implied PPP Conversion Rate for Dominica in year 2015 is 1.759 .

Investment (% of GDP) for Dominica in year 2015 is 15.83 %.

Gross National Savings (% of GDP) for Dominica in year 2015 is 1.709 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Dominica in year 2015 is 102.247 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Dominica in year 2015 is -0.849 %.

Inflation, End of Year (Indexed to Year 2000) for Dominica in year 2015 is 102.289 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Dominica in year 2015 is -0.111 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Dominica in year 2015 is 13.157 %.

Import Volumes of Goods Only (Percent Change) for Dominica in year 2015 is 2.479 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Dominica in year 2015 is 0.469 %.

Export Volumes of Goods Only (Percent Change) for Dominica in year 2015 is -24.093 %.

Population for Dominica in year 2015 is 0.071 Million .

General government revenue (National Currency) for Dominica in year 2015 is CXD 0.436 Billions.

General government revenue (% of GDP) for Dominica in year 2015 is 31.743 %.

General government total expenditure (National Currency) for Dominica in year 2015 is CXD 0.455 Billions.

General government total expenditure (% of GDP) for Dominica in year 2015 is 33.117 %.

Total Government Net Lending/ Borrowing (National Currency) for Dominica in year 2015 is CXD -0.019 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Dominica in year 2015 is -1.374 %.

Fiscal Year Gross Domestic Product, Current Prices for Dominica in year 2015 is CXD 1.374 Billions.

Current Account Balance (US Dollars) for Dominica in year 2015 is US$ -0.07 Billion.

Current Account Balance (% GDP) for Dominica in year 2015 is -14.121 %.